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The closer the US economy is to full capacity, the more inflation there will be.
Fulsome is to "full" what noisome is to "noisy"; a word that sounds the same but means something quite different.
Ms Yellen made it clear the Fed is debating how close the economy is to full employment and thus how soon rates, currently near zero, should rise.
A DEBATE has broken out over just how close America is to full employment: over how much slack there is in labour markets.
A gas gauge only indicates how close the gas tank is to full, much as relative humidity only indicates how close the air is to saturation.
At first, that might appear to create a problem of sorts for the Bank of England, which is puzzling over divergent inflation and unemployment figures in order to determine how close the economy is to full capacity.
The risk, then, is that inflation grinds even further below target.I would just add that my colleague may be a bit too optimistic regarding just how close the economy is to full employment.
Similar(4)
"The only logical advancement in haptics is to full-on virtual sex," the sex-tech journalist Emma McGowan writes.
Try not to be to full of yourself.
The full route is to be confirmed.
His mistake was to go "full-retard".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com